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A certain address earned a return of 4,330 times in 3 minutes by trading MBAPPE

A certain address earned a return of 4,330 times in 3 minutes by trading MBAPPE

Bitget2024/08/29 05:19

BlockBeats news, on August 29, according to Lookonchain monitoring, a "lottery ticket" style Meme coin trading address bought MBAPPE at a price of 0.2 SOL (about $29), and sold it three minutes later at a price of 866.13 SOL (about $125,160), achieving a return of 4,330 times.

In the past month, this address has traded 251 Meme coins, investing between 0.1 SOL and 0.3 SOL in each Meme coin with a success rate of 35.46%, and total profits amounting to $126,700.

BlockBeats note: MBAPPE was released by hackers after football superstar Mbappe's account was stolen; its value skyrocketed but has now basically returned to zero. There are risks associated with Meme coins as their prices fluctuate greatly and they have no actual value; users should participate cautiously.

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